Role And Functions Of International Lending Institutions

The need to distribute wealth amongst the population is another way to promote health equity as it pertains to ensuring that the balance of power is not too one-sided by the rich. Another example of improving the health state is to improve the gap of economic levels by making sure that the poor does not get poorer and the middle class does not become too strained. Lastly, health is dependent on the resources available. If communities are empowered and advocate for change in their health, there is a better chance of improving the health disparities within communities (Adelman, 2008).

From an economic perspective, there is an increased recognition of the benefits of society from the promotion of health and the prevention of disease, disability, and premature death. In addition, financing health care has been focused on medicine and some progress has been made towards health promotion and disease prevention; however, the progress in this direction is very slow due to social and institutional beliefs and values.

Apart from this, it is also analyzed that, in order to ensure proper social welfare amongst the members of the society, there is an increasing consideration towards the issue of health in all the major economies of the world. The matter has been taken up more seriously in the recent times by the people and the government at large, because of the rising

1. Decrease Medicare expenditures, Re-Distribute physicians payments more equitibly, Ensure quality health care at a reasonable rate.

The health care system has had a negative impact on both insured families and uninsured families. Many believe that health care reforms are unnecessary and hence should not be applied. Reducing health care costs will not necessarily benefit the economy. After spending decades trying to reduce health care costs, some commentators and policymakers now argue that health care costs should be increased to stimulate the economy. At the crux of the argument are the notions that increasing spending on health care will create jobs that can be filled by those losing jobs in other areas of the economy and that implementing long-proposed reforms will reduce health care costs. Nay-Sayers argue that health care reforms will only prevent economic growth, and that increasing health care costs in order to reduce them is an inconsistent belief. These two arguments are fundamentally at odds with each other. Advocates claim simultaneously that it would stimulate economic growth to spend more money on these reforms, and that the reforms would reduce total health care costs.

A healthy population is not only vital but also a necessity for a country’s economic growth and development. There is an inherently strong connection between the health status of the population and the level of development of a country. Most countries that are exceptionally developed have an overwhelmingly healthy population,

From looking at the graph above I can predicted that in the next 26 years the life expectancy is going to increase. The reason for this is because there will be better technology around. People will start to know more about their health, meaning they will know what to do if they become sick. The hospitals will have better equipment which will mean that people will get better quickly. This will also mean that the machines that were used 10-20 years ago would not have been as strong as it will be now and over the next 26 years. There will be more advertisements on TV on how to have a healthy diet which will be helpful to a lot of people.

Health is improving for everyone to life a good and happy life. If you are healthy you are more likely to succeed comparing to an unhealthy person. Medical procedures are expensive and it's for people to spend so much on these checkups or surgeries. Health insurance gives an opportunity to pay less comparison to your actual bill amount for your medical procedures.

Looking further into the effects of health care. It is overlooked that universal health care promotes better business by benefitting them. Firstly, which is done by the means of allowing every individual to live healthier lives, more specifically individuals who are employed. Employees would have higher standards of living thanks to universal health care. With healthier lives will maximize the work done by these individuals. In total benefitting their business or the business they work for. Secondly, a fact which all business owners would love to hear is that the amount spent on employee’s health insurance would be no more thanks to universal

One of the issues is the increasing cost of healthcare which is dominating the health policy in U.S. this is accompanied by an increase in spending on healthcare. According to projections by the government, the spending on medical care will continue to rise. U.S spends more money on health care than any other nation globally (Holtz, 2013). The increase in the spending is as a result of improved tools for disease diagnosis, better surgical interventions among others. This raises an issue for the policy makers on the maximum GDP percentage that a country has to spend on healthcare, and whether the nation will afford the cost that is continually growing. In contemplating any change in the health policy, policy makers should consider the cost of the healthcare and the ability of the nation to support that high cost.

The main economic challenge for the healthcare system in the United State will be the rising expenses associated with Medicare and Medicaid. The Governments share of healthcare spending is predicted to rise to 31 percent by the year 2020 (Keehan, Sisko, Truffer, Poisal, Cuckler, Madison, Lizonitz, and Smith, 2011). This may jeopardize the economic stability and financial security of the nation.

In Conclusion, the age of population is one of the challenges the United States faces. In this paper it was discussed how the demographics may have an impact on the health care market, how changes will affect health care such as increase in health care cost and increase in prescription drug cost. The ageing process will not stop therefore the population will continue to increase in the next

Because the United States spends the most on a health care system, one would think that most people in the U.S. would be healthy. This is not the case. Surprisingly, the United States does not have a particularly high life expectancy rate. Within this paper I will discuss heath issues in the United States including how heath effects behavior, economics, and social structure. I will also include key stages of medical technology development and population demographics.

As per a report by Council of Economic Advisers decrease in the costs is achieved through changes in Medicare by implementing new imbursement techniques and more meaningful and effective quality care. In addition to only Medicare, Affordable care Act will create changes in the whole healthcare system delivery nationwide. Lower health care cost will decease the cost of insurance paid by possessors, which is valuable for employees. As the cost of insurance is less employees can hire more workers and it will lead to more job creation. A study conducted by an economist found that due to healthcare reform approximately 300,000 to 400,00 jobs will be added each year.

People will have health insurance at low costs, which means people can get care, stay healthy giving rise to a healthier nation. Consequently, does a healthy nation mean more productivity, GDP growth and better economy or a strain on the health care infrastructure as more people visit doctors and hospitals giving scope to increased health accidents, malpractices and unsustainable costs?